Archive for August, 2008


Life Settlement Insights Announces Second MBC Receiver Auction


Saturday, August 30th, 2008


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Life Settlement Insights LLC (LSI), a national life settlement brokerage firm, announced today that the firm plans a second auction sale on behalf of the Court-appointed receiver for the Miami-based Mutual Benefits Corporation, Viatical Services, Inc., and Viatical Benefactors LLC.




Initial auction attracts international bidders, nets MBC Receivership nearly $6 million CLEVELAND


Saturday, August 30th, 2008


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Life Settlement Insights LLC (LSI), a national life settlement brokerage firm, announced today that the firm plans a second auction sale on behalf of the Court-appointed receiver for the Miami-based Mutual Benefits Corporation, Viatical Services, Inc., and Viatical

Benefactors LLC.



Dematco, Inc. Announces Another European Investor Group to Dematerialize More Senior Life Settlement Policies Through Dematco, Ltd.


Saturday, August 30th, 2008


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Dematco, Inc. (OTCBB:DMAT) announces wholly owned subsidiary Dematco, Ltd. has been engaged by another leading European investor group to dematerialize more Senior Life Settlement Units (SLSU) from Senior Life Settlement policies. Dematco, Ltd. converts all manner of paper instruments into electronically transferable units; and for this their second contract the Company received an initial stage payment of $75,000. A $30,000,000 face value project, Dematco expects to receive $525,000 in payment for services upon completion of the dematerialization. The units will be traded through Private Trading Systems PLC (PlusMarkets:PTSP), a proprietary trading and clearing system. The Company has a working business relationship with Private Trading Systems.




FES INSURANCE DESIGN ANNOUNCES PREMIUM FINANCING INFORMATIONAL MEETINGS FOR PROFESSIONALS AND ADVISORS


Saturday, August 30th, 2008


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FES Insurance Design, a firm specializing in life insurance premium finace, announces professional meet and greet. This is an opportunity for CPA’s Estate Planning Attorneys, Financial Advisors and Insurance Agents to become informed about the uses and benefits of Life Insurance Premium Financing and how to jointly work with FES to present, close and deliver these cases.




The longer the seller lives, the less that investors will make


Sunday, August 17th, 2008


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For most of us, our investments are simply a series of numbers. We’re happy if they go up and unhappy if they go down, and we don’t have much regard for the underlying activities that produce these effects. But when it comes to one investment vehicle, dubbed the “holy grail” due to its gold-star performance, exactly how your cash is generated is hard to ignore. “Death futures”, more palatably known as life settlements, in effect make or lose money by betting on how long a person will live.




Lifeline Program Announces Record Life Settlement Sales Gains


Thursday, August 14th, 2008


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The Lifeline Program(R) today announced that as of July 31, the life insurance settlement company has already outperformed last year’s record sales numbers. Riding a wave of factors including a thirst for settlements as an investment from financial institutions, an influx of converted term policies and an increase in policies from seniors feeling the pinch




Finance For Life Continues to Add Insurance and Financing Services to Existing Product Line


Wednesday, August 13th, 2008


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Ronnie Katz, CPA and President of Finance For Life comments on the expansion, “We are adding to our existing products and services to meet the demands of our expanding client base. Due to our excellent relationships with GA’s and premium finance lenders, we are able to offer agents more compensation and better results in getting cases successfully premium financed. We have added staff to assure efficient operations and the very best in customer service and support.”




As economy worsens, some tapping into their life insurance


Wednesday, August 6th, 2008


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They may be called “life settlements,” but this investment is really about gambling with death.
The deal is simple: People sell their life insurance policies to a life settlement provider, the provider then pays the premiums and cashes out when you die.




Morris, Manning & Martin Establishes Life Settlements Group; James Maxson Joins to Co-Chair New Group


Saturday, August 2nd, 2008


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James “Jim” Maxson, a leading practitioner in the life settlement industry, has joined the Atlanta office of the law firm of Morris, Manning & Martin, LLP.

Maxson teams with MMM partner Ward Bondurant to co-chair a newly formed Life Settlements Group. The new group will advise domestic and international clients on critical legal, insurance regulatory, tax and financial issues. Maxson was formerly Executive Vice President and General Counsel of Habersham Funding, LLC, a leading life settlement provider.









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